At the beginning of August, Poly Network was hacked, with the platform losing $610 million in tokens; this hack is known to be the largest in DeFi history. The hack had occurred because the insider noticed some flaws in the code of the platform, and used that to their advantage. ...
Read moreDetailsTo combat the issue of money laundering that has proliferated the scene, major players in the Bitcoin ATM sector decided to come together and brainstorm on important steps that must be taken. They agreed on the creation of an association that works tirelessly to reach their goals, and it was ...
Read moreDetailsLiquid Exchange was a victim of a nasty hack attempt in August, which left them short of $97 million in tokens. Several cryptos like BTC, ETH, and USDT, were stolen by the hackers. The team behind the exchange has announced that it intends to cover the loss that came with ...
Read moreDetailsPolygon has announced plans to form a decentralized autonomous organization (DAO) for all of its community members, including projects in decentralized finance (DeFi). The Ethereum scalability infrastructure developer made the announcement last week, calling on its members to express their views on the platform’s decision to form a DAO. CoinDesk ...
Read moreDetailsEl-Salvador’s Finance Minister, Alejandro Zelaya has said the use of Bitcoin as a payment method in the country will be fully optional. According to him, it is not compulsory for citizens to download the state-offered wallet. The Minister said this during a locally televised interview. However, his comment has generated ...
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